Global Private Markets Outlook 2024

Insights

Acuity’s 22-year-long association with the private markets sector has afforded it in-depth knowledge of its activities. Leveraging methodologies akin to primary research for private market insights, it conducted its 3rd year of survey on private market firms, gathering professional insights and opinions on how they are likely to fare in 2024 in terms of fundraising, dry powder, regulations, ESG considerations, private markets operations, investing areas, strategies, outsourcing, valuations and exits.

Key Takeaways

Fundraising Trajectory: A notable 55% of firms are confidently set to embark on capital-raising ventures, reflecting an uplifted market sentiment.
Embracing Operational Efficiency: The strategic adoption of outsourcing is on the rise, with 79% of firms considering it a pivotal part of expanding their deal teams in 2024.
Activity Prioritization: Portfolio monitoring and deal-related activities continue to account for more than 50% of professionals’ time.
Valuation Outlook: Amidst market fluctuations, 56% anticipate valuation stability, revealing a steady approach to market assessments.
Investment and Exit Strategy: With 41% of professionals encountering considerable challenges in exit strategies, there’s a noted shift towards more prudent investment approaches.
Regulatory Watch: As firms navigate changing compliance landscapes, 95% expect regulations to remain stringent.

Authors

Ambarish Srivastava

Associate Director, Private Markets

Ambarish has about 17 years of experience in business research, analysis and consulting. He is engaged in leading deep-dive strategic projects, due-diligence support, issue-focused trend analysis and similar assignments for our Private Markets clients. His previous experience includes tenures with startups, the Big Four and consulting organisations, where he focused on industry studies, price forecasting, company analysis, macroeconomic studies and other strategic engagements.

Abhishek Bhatia

Associate Director, Primary Research

Abhishek is an Associate Director with Acuity Knowledge Partners (Acuity) and has over 19 years of experience in market research, consulting and data analytics. He is an expert in primary research and project management. Abhishek is an active contributor to the primary research fraternity and has been awarded as Research Hero for 2023 by the prestigious Market Research Society. Abhishek leads multiple large client engagements and is instrumental in setting up Acuity’s primary research business

Rabin Thakur

Delivery Manager, Private Markets

At Acuity, Rabin is overseeing multiple ESG engagements which includes research, analysis and reporting assignments for clients in the US and Europe. Overall, Rabin holds an experience of ~10 years which is spread across various areas of client management and interface within the domain of ESG and Sustainability. Rabin holds a post-graduate diploma in Sustainable Management from Indian Institute of Management, Lucknow

Global Private Markets Outlook 2024